Tds On MCX

This query is : Resolved 

26 February 2010 Hi

I have paid Rs.50000 to Multi Commodities Exchange for Annual fee .should i dedute TDS on Rs.50000
Or not.Is MCX Exmpt from TDS

Plz Reply me
Thanx

27 February 2010 If will depend on the type of payment you have made i. e. the nature of expenses to decide whether TDS leviable or not?



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